Jun03
contestada

A new bank customer with ​$3000 wants to open a money market account. The bank is offering a simple interest rate of ​1.2%.
a. How much interest will the customer earn in 30 ​years?
b. What will the account balance be after 30 ​years?

Respuesta :

Answer:

Step-by-step explanation:

B)4,290.78 after 30 years.

B1)3000(1.012)^30=4290.78

A) 1,290.78

A1) 4,290.78-3000-1,290.78.

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